Pay for Delete Agreement: Delete Collection Accounts from Credit Reports
Thinking about paying a collection account? Your credit scores may not improve unless you get the collection account deleted with a pay for delete agreement.
Thinking about paying a collection account? Your credit scores may not improve unless you get the collection account deleted with a pay for delete agreement.
You can request a debt collector verify the amount and validity of the debt they claim is owed by you. Validation is helpful when debt is repeatedly sold.
The CDC has temporarily banned evictions across the U.S. for tenants who can’t afford to pay their rent due to the pandemic.
Using a debt elimination firm could cause you to end up with a bad credit score, tax lien, foreclosure, or a debt collector at your heels.
When you’re struggling with debt, you may want to zone out…Don’t do it! Unpaid debt just doesn’t disappear. Not dealing with debt can turn into a charge-off and collection account which can be a double whammy on your credit reports.
The dreaded move-out date arrives and the one thing on your mind is the security deposit. What happens when you don’t get the security deposit back plus the landlord sends a balance to a collection agency that reports it on your credit files.
Even though a collection agency cannot report a negative account beyond 7 years, they can still pursue you for an unpaid debt.
Overwhelming debt is stressful but should you file bankruptcy or enroll in a debt management plan. Both options can provide relief but have a different impacts on your credit scores.
If your insurance company pays a medical collection debt that’s on your credit reports, you can have the medical collection accounts removed from your credit reports under the National Consumer Assistance Plan (NCAP) initiative.